Hendry: “Strong interest” for Horizon nuclear project

The Minister of State for Energy, Charles Hendry, will today visit the troubled Horizon Nuclear Power company as the Government aims to salvage its nuclear plans by aiding the sale […]

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By Tom Gibson

The Minister of State for Energy, Charles Hendry, will today visit the troubled Horizon Nuclear Power company as the Government aims to salvage its nuclear plans by aiding the sale of the sites at Wylfa and Oldbury.

Following the withdrawal of parent companies RWE npower and E.ON at the end of March, Horizon is in talks with Centrica and EDF Energy over the possibility of a buy-out.

Speaking ahead of the visit Charles Hendry said: “There has already been strong interest in Horizon and we are making the Government’s commitment to new nuclear clear to interested parties. The launch of the draft energy bill this week has shown investors that we are prepared to take tough decisions to ensure confidence in our long-term vision for the electricity market.

“While this is a commercial process, I am confident everyone involved is working to ensure a swift sale can be achieved, which will protect the jobs of those working here.”